Although social security is a problem, some projections indicate that there's
a much bigger ti...
Mathematics, 13.12.2019 08:31 FAKE5979
Although social security is a problem, some projections indicate that there's
a much bigger time bomb ticking in the federal budget, and that's medicare.
in 2000, the cost of social security was 5.48% of the gross domestic product,
increasing by 0.04% of the gdp per year. in 2000, the cost of medicare was
1.84% of the gross domestic product, increasing by 0.17% of the gdp per year.
a). write a function that models the cost of social security as a percentage of the
gdp x years after 2000.
b). write a function that models the cost of medicare as a percentage of the gdp x
years after 2000.
c). in which year will the cost of medicare and social security be the same?
for that year, what will be the cost of each program as percentage of the gdp?
which program will have the greater cost after that year?
Answers: 2
Mathematics, 21.06.2019 17:30, mduncan840
The marriott family bought a new apartment three years ago for $65,000. the apartment is now worth $86,515. assuming a steady rate of growth, what was the yearly rate of appreciation? what is the percent of the yearly rate of appreciation?
Answers: 1
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